Kapoor: Qwikcilver held 80% to 90% of India's gift card market
Dhruv Kapoor · Understanding Exits and Investing in High Growth Startups with Dhruv Kapoor, Sistema Asia Capital · Jun 21, 2020 · at 15:31
Dhruv Kapoor, Partner at Sistema Asia Capital, discusses Sistema's investment thesis and portfolio exit for gift card platform Qwikcilver.
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“What Quicksilver had built through their managed services business was a solution that pretty much had monopolistic characteristics. They were 80, 90% of the market. They were powering gift card solutions for pretty much all the retailers, both offline and online.”
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